2023 2024 Student Forum > Management Forum > Entrance Exams

 
  #2  
17th December 2015, 05:36 PM
Super Moderator
 
Join Date: Apr 2013
Re: Historical Base Rate of Central Bank of India

Central Bank of India is a government-owned bank in Mumbai, Maharashtra. It is one of the oldest and largest commercial banks in India. It was established on 21 December 1911.

Rate Of Interest- Deposits and loans-

Deposits


Nature Rate Of Interest
Savings Account - Domestic %
With Cheque book facility 4
Without Cheque book facility 4
No frills Account 4

Domestic Term Deposits -

Maturity Period
Rates for Deposits Rates For Deposits 1 Cr
less than Rs.1 Crore to Rs.10 Cr (Single Deposit)
Existing Rates Revised Rates Existing Rates Revised Rates
08.10.2015 19.10.2015 08.10.2015 19.10.2015
7 -14 days 5 5 5 5
15 - 30 days 5.5 5.5 5.5 5.5
31 -45 days 5.5 5.5 5.5 5.5
46 - 59 days 7 7 7 6.5
60 - 90 days 7 7 7 6.75
91 - 179 days 7.35 7.35 7.25 7
180 - 270 days 7.75 7.25 7.25 7
271 - 364 days 7.75 7.5 7.25 7
1 yr to less than 2 yrs 8 7.75 7.5 7.25
2 yr to less than 3 years 8 7.75 7.5 7.25
3 yr to less than 5 years 8 7.5 7.5 7.25
5 years & above upto 10 years 8 7.5 7.25 7.25
555 days 8 7.75 NA NA
777 days 8.05 7.8 NA NA
Cent Double 8 7.5 NA NA


Bulk Deposit Interst Rate -

Period Existing Rates Revised Rates Above 10 Crore Above 10 Crore Wef 30.09.2015 Wef 07.10.2015
7-14 days 4.5 4.5
15-30 days 4.5 4.5
31-45 days 5 5
46-59 days 5.5 5.25
60-90 days 5.75 5.5
91-179 days 6.5 6.5
180-270 days 7 6.9
271-364 days 7 6.9
12 months to 13 months 7.1 7

Loans -

B.P.L.R ( w.e.f 01.08.2011 ) 15.00% p.a
Base Rate (BR) w.e.f. 08.10.2015 9.70%


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